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BMW denies emissions cheating allegations

Bloomberg BMW AG sought to defuse concerns about possible collusion with other German automakers by rejecting allegations of cheating on diesel emissions and downplaying talks with rivals as being focused on promoting exhaust-treatment technology in Europe. With uncertainty clouding the German auto industry, BMW said it has gone farther than competitors to ensure its diesel cars meet regulatory guidelines while ...

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Trump’s steel curbs pose trade war risks

Bloomberg There’s a risk of a global trade war should President Donald Trump decide to restrict imports of steel, according to Japan’s leading mills group, which warns any new US curbs on the metal may provoke a tit-for-tat response that could drag in other products. Concern would deepen about the potential spread of protectionism if Trump acts, Kosei Shindo, chairman ...

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Anglo Platinum sees weak demand for metals this year on auto shift

Bloomberg Anglo American Platinum Ltd. sees a surplus of platinum-group metals this year as demand from makers of jewelry and car catalytic converters drops, weighing on prices and adding to pressure on miners. Lower demand follows falling sales of diesel vehicles in Europe, which use platinum to cut pollution, and a slowing Chinese jewelry market, the Johannesburg-based company said in ...

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